Squeeze Tube Packaging Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Squeeze Tube Packaging Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Advantages of squeeze tube packaging such as high elasticity and ease of packaging is leading to increasing demand from end-use industries such as personal care, food, and pharmaceutical and this is driving growth of the global squeeze tube packaging market. Squeeze tube packaging manufacturers are focused on developing environment friendly technologies for tubes production. For instance, Albea developed a Greenleaf manufacturing process for laminate tubes that are ultra-light and recyclable which achieves sleeve weight reduction by 17%.
Market Dynamics
Government regulations on packaging is negatively impacting the market growth. For instance, The Federal Food, Drug, and Cosmetic Act (the Act) mandates the need for adequate information related to packaging materials and in European Union under Regulation 1935/2004, packaging materials must be authorized by the European Food Safety Authority (EFSA) prior to being placed on the market.
Asia Pacific is expected to be the fastest growing squeeze tube packaging market during the forecast period, owing to growing demand for pharmaceutical products such as medicated ointments and creams in China, Japan, South Korea, and India. According to International Trade Association (ITA), China is the second-largest pharmaceuticals market in the world with a total pharmaceuticals sales value of US$ 108 billion in 2015. Key players are adopting strategies such as merger and acquisition for business expansion. For instances, in November 2021, Praxis Packaging acquired Unette corporation to expand its portfolio into liquid, cream, and paste products in tubes, bottles, jars and stick packs.
Key features of the study:
This report provides in-depth analysis of the global squeeze tube packaging market and provides market size (Billion Tubes) and Cumulative Annual Growth Rate (CAGR) (%) during the forecast period (2022-2028), considering 2021, as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
It profiles leading players in the global squeeze tube packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies and future plans
Key companies covered as a part of this study includes Amcor Limited, Essel Propack Limited, Albea S.A., Huhtamaki OYJ, Berry Global Inc., Intrapac International Corporation, Montebello Packaging Inc., and Worldwide Packaging Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology upgradation, market expansion, and marketing tactics
The global squeeze tube packaging market report caters to various stakeholders in this industry including investors, suppliers, squeeze tube packaging manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the squeeze tube packaging market
Detailed Segmentation:
Global Squeeze Tube Packaging Market, By Material Type:
Aluminum
Plastic
Laminate
Global Squeeze Tube Packaging Market, By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Global Squeeze Tube Packaging Market, By Geography:
North America
U.S.
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Canada
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Europe
U.K.
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Germany
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Italy
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
France
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Russia
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Rest of Europe
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Asia Pacific
China
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
India
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Japan
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
ASEAN
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Australia
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
South Korea
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Rest of Asia Pacific
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Latin America
Brazil
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Mexico
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Rest of Latin America
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Middle East
GCC
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Israel
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Rest of Middle East
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Africa
Northern Africa
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Central Africa
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
South Africa
By Material Type:
Aluminum
Plastic
Laminate
By Application:
Oral Care
Beauty & Cosmetics
Pharmaceuticals
Food & Beverages
Others
Company Profiles
Amcor Limited*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Essel Propack Limited
Albea S.A.
Huhtamaki OYJ
Berry Global Inc.
Intrapac International Corporation
Montebello Packaging Inc.
Worldwide Packaging Inc.
“*” marked represents similar segmentation in other categories in the respective section.